v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue [Abstract]  
Revenue
3.
Revenue

Disaggregated components of revenue consisted of:

 

 

Three months ended

 

 

Six months ended

 

 

June 30,
2026

 

 

June 30,
2025

 

 

June 30,
2026

 

 

June 30,
2025

 

Revenue transferred over time:

 

 

 

 

 

 

 

 

 

 

 

 

Shared services

 

$

1,872

 

 

$

1,601

 

 

$

3,808

 

 

$

3,223

 

Destinations operations services

 

 

147

 

 

 

146

 

 

 

147

 

 

 

146

 

Attraction services

 

 

1,983

 

 

 

645

 

 

 

3,721

 

 

 

731

 

 

 

4,002

 

 

 

2,392

 

 

 

7,676

 

 

 

4,100

 

Revenue transferred at a point in time:

 

 

 

 

 

 

 

 

 

 

 

 

Product sales

 

 

1,616

 

 

 

157

 

 

 

3,318

 

 

 

157

 

 

$

5,618

 

 

$

2,549

 

 

$

10,994

 

 

$

4,257

 

Accounts receivable consisted of:

 

 

As of

 

 

June 30,
2026

 

 

December 31,
2025

 

Related party

 

$

4,254

 

 

$

2,533

 

Third party

 

 

1,331

 

 

 

1,181

 

 

 

$

5,585

 

 

$

3,714

 

 

During the six months ended June 30, 2026, the Company recognized $0.7 million of revenue from contract liabilities, including amounts previously included as of January 1, 2026. The contract liabilities outstanding at the beginning of the year were fully recognized as revenue during the period.

 

As of June 30, 2026, the aggregate amount of the transaction price for open contracts allocated to remaining performance obligations was $28.4 million. The Company expects to recognize approximately 87% of its remaining performance obligations as revenue within the next 12 months and the balance thereafter.

Geographic information

Geographic revenues are attributed to the location of the Company's customer contracts. Except for the United States and Japan, as presented below, no individual country represented more than 10% of total revenue. Geographic revenues consisted of:

 

 

Three months ended

 

 

Six months ended

 

 

June 30,
2026

 

 

June 30,
2025

 

 

June 30,
2026

 

 

June 30,
2025

 

United States

 

$

4,559

 

 

$

2,397

 

 

$

8,762

 

 

$

4,105

 

International:

 

 

 

 

 

 

 

 

 

 

 

 

Europe

 

 

120

 

 

 

146

 

 

 

162

 

 

 

146

 

Asia (1)

 

 

812

 

 

 

 

 

 

1,827

 

 

 

 

Middle East

 

 

127

 

 

 

6

 

 

 

243

 

 

 

6

 

 

$

5,618

 

 

$

2,549

 

 

$

10,994

 

 

$

4,257

 

(1) Revenue attributed to Japan was $0.6 million and $1.2 million for the three and six months ended June 30, 2026, respectively.